Ben Affleck Shaves Beard at Oscars After-Party

Ben Affleck has called it quits... with his beard! After winning an Oscar Sunday, Affleck decided to ditch the scruff.

According to E! News, the Argodirector, producer and star shaved off the lucky beard at an Oscars after-party at Craig's restaurant in West Hollywood. "He did it to mark the end of a chapter," a source said. "It had that ceremonial quality to it."

went on to win Best Picture at the 85th Academy Awards, prompting Affleck to give a heartfelt acceptance speech. "I was here 15 years ago or something and I had no idea what I was doing," he said. "I stood out here in front of you all and really just a kid. I went out and I never thought I would be back here. And I am, because of so many of you who are here tonight, because of this Academy, because of so many wonderful people who extended themselves to me when they had nothing to benefit from it in Hollywood."